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Cross River Ventures
(SMET)
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Rating:40Underperform
Price Target:
C$0.20
▼(-50.25% Downside)
Action:N/A
Date:10/16/26
The score is driven primarily by very weak financial performance (no revenue, ongoing losses, negative free cash flow, and negative equity), which materially elevates business and funding risk. Technicals add additional pressure due to a clear downtrend below key moving averages, even though indicators appear oversold. Valuation provides limited support because a negative P/E reflects unprofitable operations and there is no dividend yield data.
Positive Factors
Zero Reported Debt
Zero reported debt reduces traditional leverage pressure and avoids scheduled principal obligations or interest burdens associated with borrowing. This provides some financial flexibility and may help preserve capital allocation options, even though broader balance-sheet weakness remains significant.
Negative Factors
No Reported Revenue
A persistent absence of reported revenue indicates that the company has not demonstrated a functioning topline or commercial scale in the periods provided. Without revenue, operating leverage and margin analysis are unavailable, while funding and execution risk remain elevated over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero Reported Debt
Zero reported debt reduces traditional leverage pressure and avoids scheduled principal obligations or interest burdens associated with borrowing. This provides some financial flexibility and may help preserve capital allocation options, even though broader balance-sheet weakness remains significant.
Read all positive factors
Cross River Ventures (SMET) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$9.52M
Dividend YieldN/A
Average Volume (3M)11.10K
Price to Earnings (P/E)―
Beta (1Y)-1.75
Revenue GrowthN/A
EPS Growth-33836.79%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryFinancial - Conglomerates
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding45,353,043
10 Day Avg. Volume12,148
30 Day Avg. Volume11,098
Financial Highlights & Ratios
PEG Ratio1.24
Price to Book (P/B)-65.68
Price to Sales (P/S)0.00
P/FCF Ratio-118.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Cross River Ventures Business Overview & Revenue Model
Company Description
Scotia Metals Corp. identifies, evaluates, acquires, and explores mineral properties in Canada. It owns 100% interest in the L3 Lithium Project in Nova Scotia; and the Acadia Lithium Project covering 372 square kilometers in the Brazil Lake. The c...
Cross River Ventures Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
24
Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -505.64K | -477.95K | -706.95K | -585.35K | -4.52M | -2.65M |
| Net Income | -556.06K | -477.95K | -160.11K | -2.79M | -5.29M | -2.65M |
Balance Sheet | ||||||
| Total Assets | 108.69K | 274.30K | 10.37K | 264.24K | 3.15M | 6.29M |
| Cash, Cash Equivalents and Short-Term Investments | 89.40K | 259.21K | 5.06K | 136.86K | 653.35K | 2.31M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.08M | 1.11M | 1.09M | 1.46M | 1.95M | 416.89K |
| Stockholders Equity | -973.11K | -838.60K | -1.08M | -1.20M | 1.20M | 5.87M |
Cash Flow | ||||||
| Free Cash Flow | -634.35K | -465.60K | -424.96K | -986.49K | -2.42M | -3.25M |
| Operating Cash Flow | -634.36K | -465.61K | -424.96K | -860.37K | -2.28M | -3.04M |
| Investing Cash Flow | 0.00 | 0.00 | 42.38K | 48.88K | -137.00K | -211.00K |
| Financing Cash Flow | 719.76K | 719.76K | 332.78K | 213.00K | 760.52K | 3.67M |
Cross River Ventures Technical Analysis
Negative
0.40
Price Trends
0.37
Negative
0.47
Negative
0.51
Negative
Market Momentum
-0.05
Positive
23.41
Positive
8.73
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SMET, the sentiment is Negative. The current price of 0.4 is above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.37, and below the 200-day MA of 0.51, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 23.41 is Positive, neither overbought nor oversold. The STOCH value of 8.73 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SMET.
Cross River Ventures Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
44 Neutral | C$1.72M | -1.72 | -9.26% | ― | ― | -24.26% | |
42 Neutral | C$3.53M | -1.73 | -233.80% | ― | ― | 68.80% | |
40 Underperform | C$9.52M | -131.25 | 52.22% | ― | ― | -33836.79% | |
32 Underperform | C$2.87M | -5.77 | -8.74% | 10.00% | ― | ― |
* Basic Materials Sector Average
TSE:SMET
Cross River Ventures
0.21
-0.09
-29.77%
TSE:GNG
Golden Goliath Resources
0.07
-0.02
-27.78%
TSE:ULT
Ultra Resources
0.02
>-0.01
-25.00%
TSE:VRB
Vanadiumcorp Resource
0.07
-0.20
-75.47%
TSE:UBQ
Ubique Minerals Ltd.
0.03
0.00
0.00%
Cross River Ventures Corporate Events
Business Operations and Strategy
Scotia Metals Expands High-Grade Spodumene Boulder Cluster at Nova Scotia’s Acadia Lithium Project
Positive
Sep 22, 2026
Scotia Metals has significantly expanded the scale of lithium-bearing float at its Green Wolf target, channel-sampling 38 spodumene boulders within a tight cluster at the Acadia Lithium Project, 23 of which returned grades between 0.73% and 2.72% ...
Business Operations and Strategy
Scotia Metals Finds High-Grade Spodumene Boulder Trains at Nova Scotia Lithium Project
Positive
Aug 27, 2026
Scotia Metals has reported first-pass prospecting results from its Acadia Lithium Project in Nova Scotia, identifying 32 high-grade spodumene boulders grading 1.0% to 3.40% Li2O across five boulder trains at the Green Wolf target. The boulders lie...
Business Operations and Strategy
Scotia Metals Taps New IR Firms to Boost Lithium Project Visibility
Positive
Aug 17, 2026
Scotia Metals Corp., a lithium and battery metals developer with a large land package in western Nova Scotia, is advancing its Acadia Project along a key pegmatite trend near established mineral assets. The project area remains underexplored but b...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.